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Customers Bancorp, Inc. (NYSE:CUBI) Second Quarter 2022 Highlights Q2 2022 net income available to common shareholders was $56.5 million, or $1.68 per diluted share, down 2.6% over Q2 2021. Q2 2022 adjusted pre-tax pre-provision net income* was $105.7 million, up 2...
Customers Bancorp ( NYSE: CUBI ) is scheduled to announce Q2 earnings results on Wednesday, July 27th, after market close. The consensus EPS Estimate is $1.81 (+2.8% Y/Y) and the consensus Revenue Estimate is $159.69M (+4.9% Y/Y). Over the last 2 years, CUBI has beat...
Customers Bancorp ( NYSE: CUBI ) subsidiary Customers Bank will be consolidating its Pennsylvania branches and transferring the accounts from five branches to other branches in the region. The step is part of an overall strategy of continued national expansi...
Customers Bank, a digital-forward super-community bank with a growing number of operations across the nation and the bank subsidiary of Customers Bancorp, Inc. (NYSE:CUBI), announced today that it will be consolidating its Pennsylvania branches and transferring the accounts from five (5...
For the week, shares of Customers Bancorp (NYSE: CUBI) traded 10.5% higher after market close Thursday for no obvious reason other than the broader rally among crypto, bank, and tech stocks this week. Customers Bancorp is a roughly $19 billion asset bank headquartered in Pennsyl...
Circle's reserve assets for its USD Coin ( USDC-USD ), the second-largest stablecoin by market cap, are fully backed by cash and short-term Treasury debt, according to the stablecoin issuer's first monthly asset breakdown . Specifically, Circle's reserve assets were supporte...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Thursday, July 28, 2022, to report its earnings results for the three months and six months ending June 30, 2022. The call will be ...
After remarkable loan growth during the second quarter of 2022, the growth rate will likely decelerate in the latter half of the year due to some headwinds. Both the asset and liability sides are quite sensitive to interest rate hikes. Provisioning will likely remain above normal ...
Customers Bancorp (NYSE:CUBI) reported Thursday that credit trends continue to remain stable with no notable deterioration despite the economic tightening. Delinquency rate was at 0.27% as at the end of May compared to 0.25% at the end of March quarter. The company has recorded over 98% of gr...
Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively "Customers" or "CUBI"), today issued a mid-quarter financial update highlighting the following: Management expects to meet or beat guidance of $4.75-$5.00 Core EPS (excluding PPP) for full yea...
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Customers Bancorp, Inc. (NYSE: CUBI), the parent company of Customers Bank (collectively, “Customers”), will host a webcast at 9:00 AM EDT on Friday, July 26, 2024, to report its earnings results for the three months ending June 30, 2024. The webcast will be conducted by Customers B...
2024-07-10 17:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...